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Updated about 8 years ago on . Most recent reply

User Stats

53
Posts
5
Votes
Alesha Rayford
  • New Orleans, LA
5
Votes |
53
Posts

first contarct && handling objections

Alesha Rayford
  • New Orleans, LA
Posted

so, on Nov 3 I got my first contract. I found the deal on zillow. he first wanted 180k, but got it under contract for 119K, we even negotiated lower to 110k, but didnt get the second contract signed. Long story short i under estimated the repairs the home needed. I marketed the property, got some interested folks, but what they were offering wouldnt work. The seller is getting impatient, and also said people are calling him saying his home is for sale, so he thinks im trying to get over on him. He is now upset and dont want to do the 110k he is set on 119k and that price wont work. What can i say to this seller to assure him im only trying to help? How do you handle objections where the seller sees your ads about their home? 

Most Popular Reply

User Stats

5,544
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2,364
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Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
2,364
Votes |
5,544
Posts
Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
Replied
Originally posted by @Paul Ewing:

When are you required to close? After a month with no signs of progress on you actually buying his house, I don't blame the seller. You were up front and explained you really weren't the buyer, just acting as broker to sell the home right?

 Great - - just admit RE Fraud, selling w/o a license :(

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